Kohl's Corporation (KSS)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 11,928,100 | 12,221,000 | 14,131,000 | 14,164,000 | 15,950,000 | 12,535,000 | 12,220,000 | 11,918,000 | 11,494,000 | 13,696,000 | 16,307,000 | 16,801,000 | 17,405,000 | 15,499,000 | 12,977,000 | 12,576,000 | 12,654,000 | 16,165,000 | 14,967,000 | 17,040,000 |
| Payables | US$ in thousands | — | — | — | — | 1,134,000 | — | — | 1,918,000 | — | 1,376,000 | — | 1,310,000 | — | 1,330,000 | — | 2,014,000 | — | 1,497,000 | — | — |
| Payables turnover | — | — | — | — | 14.07 | — | — | 6.21 | — | 9.95 | — | 12.83 | — | 11.65 | — | 6.24 | — | 10.80 | — | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $11,928,100K ÷ $—K
= —
The payables turnover ratio is a financial metric that measures how efficiently a company manages its accounts payable by comparing the cost of goods sold to its average accounts payable for a specific period. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently.
In the case of Kohl's Corporation, the payables turnover ratio varied over the specified time periods. For example, the ratio was not available ("—") for January 31, 2022, and for several other dates such as April 30, 2022, July 31, 2022, and so on.
However, analyzing the available data points, we observe fluctuations in the payables turnover ratio. For instance, the ratio was 10.80 on July 30, 2022, indicating that Kohl's was paying its suppliers approximately 10.80 times during that period. This ratio increased to 12.83 on April 29, 2023, which suggests that the company was managing its payables more efficiently during that period.
Conversely, the payables turnover ratio decreased to 6.21 on October 28, 2023, pointing towards a potential slowdown in supplier payments compared to the previous periods.
It is also important to note the ratio of 14.07 on February 3, 2024, which indicates a significant increase in the payables turnover, suggesting that the company may have improved its accounts payable management during that specific time frame.
Overall, fluctuations in the payables turnover ratio for Kohl's Corporation indicate varying levels of efficiency in managing its accounts payable obligations over different reporting periods, which could be influenced by factors such as changes in purchasing patterns, payment terms with suppliers, or overall business performance.
Peer comparison
Jan 31, 2025